realestate

Blue Square Real Estate (BLSR.TA) Poised for Dividend Payment

Some investors rely on dividends for wealth growth; here's what they need to know.

B
lue Square Real Estate Ltd (TLV:BLSR) is about to go ex-dividend, with the payment date set for December 15th and a dividend of ₪9.8367404 per share. To receive this dividend, investors must purchase shares before December 5th. The company's trailing yield is 5.0% based on its current share price of ₪324.70.

    Blue Square Real Estate has a conservative payout ratio of 14%, indicating that it has a significant margin for unexpected circumstances. Additionally, the company's dividend is covered by both profits and cash flow, with dividends consuming only 53% of free cash flow last year. This suggests that the dividend is sustainable and provides a lower risk profile.

    The company's earnings have been growing rapidly, increasing by 43% per annum over the past five years. Blue Square Real Estate has also increased its dividend payments by approximately 18% annually over the last decade. This combination of strong earnings growth and stable dividend payments makes it an attractive investment opportunity.

    However, investors should be aware that there are potential risks associated with investing in Blue Square Real Estate. A thorough analysis of these risks is essential before making a decision to invest.

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